The Chronicle of Philanthropy

How Donors of Art Can Benefit the Most

By NICOLE LEWIS

Donors can get significant tax breaks by giving works of art to charity. But getting maximum benefits can be tricky.

At a minimum, donors can write off the amount they paid for the art pieces they give to a charity. But if they want to deduct the market value of the donation -- often a much larger sum -- they have to demonstrate to the Internal Revenue...

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